HTA hutchison telecommunications (australia) limited
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News: HTA Australian Competition and Consumer Commission Updates On TPG-Vodafone Merger

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    05/03/20
    09:40
    Post #: 43314919

    March 5 (Reuters) - Australian Competition and Consumer Commission:

    • WILL NOT APPEAL FEDERAL COURT'S DECISION TO ALLOW TPG-VODAFONE MERGER
    • CONCLUDED THAT IT DOES NOT HAVE GROUNDS FOR APPEAL, WHICH WOULD REQUIRE ACCC TO ESTABLISH AN ERROR OF LAW BY JUDGE
    • "WILL CONTINUE TO OPPOSE MERGERS THAT WE BELIEVE WILL SUBSTANTIALLY LESSEN COMPETITION"
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